RIL shares jump 6% in 3 days, market cap soars by Rs 1 lakh cr ahead of AGM. Why Morgan Stanley still sees 38% upside (opens original article in a new tab)

Reliance Industries shares surged 6% in three days, adding Rs 1 lakh crore to market value, with Morgan Stanley forecasting 38% further upside ahead of its AGM.

• Reliance Industries shares rose 6% in three days, adding Rs 1 lakh crore to market cap
• Morgan Stanley predicts 38% upside potential for RIL shares due to O2C earnings, new energy, and AI opportunities
• AGM on June 19 is expected to feature updates on Jio Platforms IPO, retail expansion, and new energy progress